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Sappi announced the sale of its Enstra Mill recycled packaging paper business to Corruseal Group

2015-07-03 09:49:01| Paper - Topix.net

Sappi wishes to confirm that it has reached an agreement to sell its Enstra Mill recycled containerboard and kraft papers business situated in Springs near Johannesburg to Corruseal Group. Sappi opened negotiations with Corruseal when it was jointly decided that there was a good fit between Corruseal and Enstra Mill.

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US sues to halt GE unit sale to Electrolux

2015-07-03 04:37:25| Appliances - Topix.net

WASHINGTON: The United States filed a lawsuit on Wednesday to stop Sweden's Electrolux AB, which owns the Frigidaire, Kenmore and Tappan brands, from buying General Electric Co's appliance business, the Justice Department said in a statement. It said the $3.3 billion deal would hurt competition, and consumers, by combining two of the three top makers of stoves, cooktops and ovens.

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Yealands Wine Group plumps for majority stake sale over IPO

2015-07-02 13:58:00| Daily beverage news and comment - from just-drinks.com

Yealands Wine Group has stepped back from launching an IPO, preferring instead to sell an 80% stake to electricity network owner and operator Marlborough Lines.

Tags: group sale majority wine

 

Elektrobit Corporation Changes Name to Bittium Corporation After Sale Of Its Automotive Business

2015-07-02 13:33:45| rfglobalnet Home Page

Bittium Corporation recently announced the closing sale of is Automotive business to Continental AG for EUR 600 million. After the transaction, the name of the company, Elektobit Corporation, was changed to Bittium Corporation, and was trade registered on July 1, 2015.

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Bharti raises $1.3bn from African towers sale

2015-07-02 02:00:00| Total Telecom industry news

Indian operator completes towers sales in five markets in Africa and is working on deals in another six.

Tags: sale african raises towers

 

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